SOLD
RECENT ADVICE
Sold on 08 Feb 2024 for $585,000

5/1 Gilba Road
Koonawarra NSW 2530

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
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Property Details for 5/1 Gilba Rd, Koonawarra

5/1 Gilba Rd, Koonawarra is a 2 bedroom, 1 bathroom Villa with 1 parking spaces. The property has a floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Villa sold in Koonawarra in the last 12 months.

Building Type
Villa
Floor Size
89m2
Local Government
Wollongong
Lot/Plan
5/SP60390

Last Listing description (February 2024)

If you have been looking to downsize but not compromise on space or searching for a handy investment close to the foreshore of Lake Illawarra, then look no further than this spacious two-bedroom, low maintenance lifestyle villa.

The home features:
- Spacious and naturally well-lit master bedroom with brand new carpet, offering full-length built-in storage and positioned to capture that northern side warmth.

- Bedroom two fitted with a dual door built-in wardrobe and carpet flooring.
- Bright and welcoming main living area boasts a modern reverse cycle air conditioner, new floating floors as well as that open plan feel.
- Well-thought-out kitchen design that accommodates plenty of storage and bench space, electric appliances including dishwasher.
- Neat bathroom where you can choose to have a relaxing bath or shower, functional vanity and toilet.
- Generous sized laundry which offers a second toilet.
- Private courtyard provides an easy-care outdoor area for entertaining that spills onto a low maintenance lawn.
- Secure entry through the single attached garage offering remote control roller door.

Additional enhancements include freshly painted interiors throughout, brand new carpet in bedrooms, and updated floating floors in the hall and living areas, enhancing the villa's modern appeal.

Enjoy the peace of mind knowing you have great neighbours who equally respect this small complex positioned across the road from a great variety of shops. Plus, the opportunity to live within easy walking distance to the water's edge. Perfect for any buyer starting out, or looking to move into an easy-care home.

Property History for 5/1 Gilba Rd, Koonawarra, NSW 2530

A timeline of how this property has performed in the market
Last Sold
$585,000
08 Feb 2024
Listed for Rent
$430/w
29 Mar 2021
  • 08 Feb 2024
    Sold for $585,000
  • 10 Jan 2024
    Listed for Sale $595,000
  • 22 Feb 2021
    Listed for Rent $430 / week
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About Koonawarra 2530

The size of Koonawarra is approximately 2.2 square kilometres. It has 11 parks covering nearly 26.9% of total area. The population of Koonawarra in 2011 was 3,633 people. By 2016 the population was 3,645 showing a population growth of 0.3% in the area during that time. The predominant age group in Koonawarra is 0-9 years. Households in Koonawarra are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Koonawarra work in a labourer occupation. In 2011, 58.9% of the homes in Koonawarra were owner-occupied compared with 55.6% in 2016.

Koonawarra has 1,458 properties. Over the last 5 years, Houses in Koonawarra have seen a 59.07% increase in median value, while Units have seen a 23.63% increase. As at 30 September 2024:

  • The median value for Houses in Koonawarra is $729,942 while the median value for Units is $693,897.
  • Houses have a median rent of $570.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Koonawarra on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Koonawarra.

Suburb Insights for Koonawarra 2530

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Contact agent
Michael Garside
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Harcourts Dapto | Albion Park | Shellharbour
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.